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31.08.26 - 09:00
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China′s six biggest state banks post rare shared growth as margins show tentative rebound (SCMP)
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China's six largest state-owned banks recorded their first simultaneous rise in first-half revenue and net profit since 2022, according to interim results released last week, as margins that had been under pressure for two years showed tentative signs of stabilising.
Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural Bank of China (ABC), Bank of China (BOC), Bank of Communications (Bocom) and Postal Savings Bank of China (PSBC) together generated more......
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01.08.26 - 05:00
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China cuts durian settlement to 30 minutes with first outbound e-CNY payment to Malaysia (SCMP)
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China has completed its first outbound digital yuan payment to Malaysia, settling a 43,000 yuan (US$6,360) shipment of fresh durian, as Beijing accelerates efforts to build a cross-border clearing network in Southeast Asia outside the Society for Worldwide Interbank Financial Telecommunication (Swift) system.
The transaction, executed by China Construction Bank's (CCB) Xiamen branch in coordination with its Labuan branch in Malaysia, enabled a local importer to pay directly in e-CNY, China's......
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09.07.26 - 03:54
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China now has 7 of world′s 10 biggest banks as Beijing′s financial ambitions grow (SCMP)
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China's “big four” state-run banks are the largest in the world in terms of asset scale, a new report has found, underscoring Beijing's rising ambitions to build the country into a global financial powerhouse.
The ranking released by The Banker magazine on Wednesday was topped by the four Chinese banks – Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and Bank of China – with JPMorgan Chase following in fifth place.
In total, Chinese banks made up......
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30.04.26 - 09:00
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China′s Big Four banks post stronger earnings as policy lending lifts growth (SCMP)
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China's largest state-owned banks delivered stronger-than-expected first-quarter earnings, with rising interest income and steady asset quality pointing to improving credit demand as Beijing ramps up support for key sectors of the economy.
The Big Four lenders – Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural Bank of China (ABC) and Bank of China (BOC) – all reported growth in both revenue and net profit, marking a turnaround from the margin pressure......
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22.04.26 - 09:30
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G Sachs on Investment Ratings and TPs for Chinese Banks (AAStocks)
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G Sachs issued a research report setting out the investment ratings and target prices for Chinese banks as follows:Stock | Investment Rating | TP (HKD)INDUSTRIAL AND COMMERCIAL BANK OF CHINA (01398.HK) | Neutral | HKD6.27 -> HKD6.22BANK OF CHINA (03988.HK) | Buy | HKD5.35CHINA CONSTRUCTION BANK (00939.HK) | Buy | HKD9.01 ->......
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17.04.26 - 04:45
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Citi Initiates 30-Day Positive Catalyst Watch on China Construction Bank (AAStocks)
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Citi issued a research report stating that it has launched a 30-day positive catalyst watch on China Construction Bank (00939.HK), expecting its 1Q26 results may beat expectations.The bank noted that, supported by a 7.5% YoY increase in loans, a 6 bps QoQ expansion in NIM to 1.35%, strong growth in fee income and stable asset qu......
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07.04.26 - 04:30
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ICBC and CCB lead China′s six biggest banks in US$61b dividend payout (SCMP)
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China's six largest state-owned banks are set to distribute more than 420 billion yuan (US$61 billion) in dividends for 2025, extending record-high payouts and strengthening their appeal as a source of stable income as investors rotate into defensive assets amid low interest rates.
Combined payouts from Industrial and Commercial Bank of China (ICBC), China Construction Bank (CCB), Agricultural Bank of China, Bank of China, Bank of Communications and Postal Savings Bank of China were expected to......
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23.01.26 - 05:30
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China Construction Bank Plans 100 Wealth Hires in HK (Bloomberg)
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China Construction Bank (Asia) plans to hire 100 people in Hong Kong over the next two years to capitalize on the growth of the wealth management sector. The bank's Deputy Chief Executive, Annie Chen, discussed the outlook for the private banking business on Bloomberg's The China Show. (Source: Bloomberg)...
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